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BTC USD - CT Idea #1
Bitcoin
Long
BTC USD - CT Idea #1
By RedAndBlue
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Updated
Jun 16, 2019
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Jun 7, 2019
It is possible that BTC-USD will range within the green box, before going up again.
Pink histogram shows start of accumulation period.
Longs & shorts are low. Longs are almost equal to end of April 2019 - early May 10th 2019.
Bars are below EMA 55, which is very tempting to short.
Jun 8, 2019
Note
Price jumped from 7800ish to 8000ish.
Jun 12, 2019
Note
Price seems good. BTC seems still bullish.
Jun 13, 2019
Note
Still in backwardation. It's been 7 days.
Jun 14, 2019
Note
A little bit contango now
Jun 14, 2019
Note
A little bit contango now
Jun 15, 2019
Note
Still in backwardation.
Jun 16, 2019
Note
Contango
Beyond Technical Analysis
BTC
RedAndBlue
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